Here we can BTC current market movement is going through a bearish trend after reaching its top price for the current cycle. A resistance is forming at $4,200 .
Kommentar:
Correction: Here we can see BTC .... .
Kommentar:
The resistance of $4,200 is broken, we are into 2 scenarios:
- Double Top: Price up to the previous ATH (Bearish afterwards).
or:
- New ATH record (Bullish Market).
- Double Top: Price up to the previous ATH (Bearish afterwards).
or:
- New ATH record (Bullish Market).
Kommentar:
- Third scenario (I vote for this): Bull trap.
According to the three scenarios, Short investment is recommended.
According to the three scenarios, Short investment is recommended.
